Usd/Cad

[pritishahfx]

13.02.2015 GMT+1 - USD/CAD Intraday: under pressure.

Pivot: 1.254

Our preference: Short positions below 1.254 with targets @ 1.239 & 1.232 in extension.

Alternative scenario: Above 1.254 look for further upside with 1.2605 & 1.2645 as targets.

Comment: The pair stands below its resistance and remains under pressure.

[MurdoFast]

Pair = USDCAD Thursday, February 19, 2015
Fibonacci pivot point calculations to predict the movement of market prices today
Open = 1.2386, High = 1.2465, Low = 1.2380, Close = 1.2453
Fibonacci pivot point calculation
R3= 1.2518, R2= 1.2485, R1= 1.2465, PP= 1.2433, S1= 1.24, S2= 1.238, S3= 1.2348
Open Order
Buy = 1.2473, TP= 1.2505, SL= 1.2453

[ducd3vaizo]

Daily Forecast

Pair: USDCAD
Major Trend: Bullish
Time Frame: H1
Reason: Market will drop to 1.2365, but will first correction at 1.2427, and touched 1.2453., Next will come down to 1.2365.
Recommendation: Sell limit at 1.2453

[pritishahfx]

USD CAD tests the support base � Analysis - 18/02/2015

The USDCAD pair fluctuates at 1.2380 critical support , which represents the neckline of the double top pattern that appears in the chart, therefore, breaking this level will push the price to visit 1.2000 � 1.1955 levels directly.

On the other hand, stochastic provides positive signals that attempts to protect the mentioned support, and it might assist to push the USDCAD price to rise again, therefore, we remain neutral until confirming the next trend by surpassing one of the critical levels represented by 1.2380 support and 1.2565 resistance.

Expected trading range for today is between: 1.2300 support and 1.2525 resistance.

Expected trend for today: Depends on the above mentioned levels

[Gamabunta]

The USD/CAD fluctuating at 1.2380 critical support, which represents the neckline of the double top pattern shown in the graph, and thus, the break of this level would push the price to visit 1.2000 - 1.1955 levels directly.

Conversely, stochastic provides positive signals trying to protect the mentioned support, may contribute to pay the price to rise again, and therefore, we are continuing to neutral for that price confirms the following part, by skipping a pivotal support levels are 1.2380 and 1.2565 resistance.

Expected trading range for today is between: Support and Resistance 1.2300 1.2525.

[pritishahfx]

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2340; (P) 1.2409; (R1) 1.2455

4H

USD/CAD edged lower as the consolidation from 1.2797 extends and outlook is unchanged. Break of 1.2351 support will bring deeper pull back. But in that case, we'd expect strong support from 61.8% retracement of 1.1564 to 1.2797 at 1.2035 to contain downside and bring rebound. On the upside, sustained break of 1.2797 will confirm up trend resumption for 1.3063 key resistance next.

---------- Post added at 10:09 AM ---------- Previous post was at 10:06 AM ----------

D1

In the bigger picture, the long term rally from 0.9406 is still in progress. Such rise is seen as the third leg of the pattern from 0.9056 low and would possibly now target a test on 1.3063 resistance. Based on current momentum, the rise might extend through 61.8% retracement of 1.6196 (2002 high) to 0.9056 (2007 low) at 1.3469. On the downside, sustained trading below 55 days EMA (now at 1.2033) is needed to indicate medium term reversal. Otherwise, outlook will stay bullish.

[DaniFastX]

The results of the pivot point calculations based on daily time frame prediction and analysis of price movements
Pair = USDCAD
Wednesday, February 18, 2015
High = 1.2477
Low = 1.2362
Close = 1.2387
Pivot Point Result
R3 = 1.2570
R2 = 1.2524
R1 = 1.2455
PP = 1.2409
S1 = 1.2340
S2 = 1.2294
S3 = 1.2225
analysis of price movements
If Buy Limit at = 1.2318
TP = 1.2477
SL = 1.2272
IF Buy Stop at = 1.2365
TP = 1.2502
SL = 1.2362
If Sell Limit at = 1.2477
TP = 1.2318
SL = 1.2546
IF Sell Stop at = 1.2362
TP = 1.2316
SL = 1.2431
Trend = Neutral

[KAUL]

analysis for today 2 / 18 / 2015

USDCAD

Resistance : R1 1.2456 R2 1.2481 R3 1.2501 R4 1.2531
Support : S1 1.2322 S2 1.2297 S3 1.2277 S4 1.2247

Open : 1.2389
High : 1.2397
Low : 1.2381
Range : 0.0016 Pips
Running Price : 1.2387

Strategy : SELL at the level 1.2387 stop loss at the level 1.2456 target take profit at the level 1.2277 or at the level 1.2247

[pritishahfx]

D1

In the bigger picture, the long term rally from 0.9406 is still in progress. Such rise is seen as the third leg of the pattern from 0.9056 low and would possibly now target a test on 1.3063 resistance. Based on current momentum, the rise might extend through 61.8% retracement of 1.6196 (2002 high) to 0.9056 (2007 low) at 1.3469. On the downside, sustained trading below 55 days EMA (now at 1.2033) is needed to indicate medium term reversal. Otherwise, outlook will stay bullish.

---------- Post added at 07:11 PM ---------- Previous post was at 12:47 PM ----------

On Tuesday, the USDCAD broke below its support line of the symmetrical triangle formation and a close below the 1.2380 support level could weaken the pair towards testing 38.2% Fibonacci Retracement of its October 2014 – January 2015 up-move, near 1.2150. Moreover, a break of 1.2150 can extend the pair's decline towards 50-day SMA, near 1.2030, before testing the 1.1950 support. On the contrary, a close above 1.2380 negates the breakdown and can pullback the pair towards testing 1.2485 – 1.2500 resistance zone, breaking which the 1.2550 resistance restrict the pair's intermediate up-move before the pair rallies to 1.2650, encompassing the resistance line of the triangle formation. On the extended up-move beyond 1.2650, the pair can target 1.2800 mark.

---------- Post added at 07:47 PM ---------- Previous post was at 07:11 PM ----------

USD CAD awaits the confirmation – Analysis - 17/02/2015

The USDCAD pair continues to fluctuate between the trend confirmation levels represented by 1.2380 support and 1.2600 resistance, and we are still waiting to surpass one of these levels to detect the next trend clearly, which makes us continue with our neutrality until now, reminding you that breaking the mentioned support will complete forming a double top that has the ability to push the price towards 1.1955 areas, while breaching the resistance will push the price to resume the main bullish trend, which its next targets reach to 1.3000.

Carefully note that stochastic and the EMA50 are negative now, and they might cause negative trading in the upcoming sessions.

Expected trading range for today is between: 1.2300 support and 1.2600 resistance.

Expected trend for today: Depends on the above mentioned levels

---------- Post added 02-18-2015 at 03:49 AM ---------- Previous post was 02-17-2015 at 07:47 PM ----------

USD/CAD Technical Analysis: Major Support Shelf Pressured

Talking Points:

• USD/CAD Technical Strategy: Flat
• Support: 1.2328, 1.2181, 1.2035
• Resistance: 1.2557, 1.2646, 1.2827

The US Dollar turned lower against its Canadian counterpart as expected after putting in a Bearish Engulfing candlestick pattern. Near-term support is in the 1.2328-81area, marked by the 38.2%Fibonacci retracement and the January 27 low, with a break below that on a daily closing basis exposing the 50% level at 1.2181. Alternatively, reversal above trend line support-turned-resistance at 1.2557 opens the door for a challenge of the 23.6% Fib expansion at 1.2646.
Risk/reward considerations argue against entering short with prices in close proximity to support. On the other hand, the absence of a defined bullish reversal signal suggests taking up the long side is premature. We will remain flat for now, waiting for a more actionable opportunity to present itself.

[ng1985]

pair- usd/cad
time frame to analysis- m15



the price is making double top chart pattern having resistance at 1.2480 level and nick line of the support at 1.2419 level. the stoch indicator is showing oversold and try to moving out. long at the 1.2380 with profit target at 1.2395 and stop loss at 1.2350
good luck